-RBS prices EUR2bn bond issuance.
Global Banking News-March 9, 2011--RBS prices EUR2bn bond issuance(C)2011 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 09 March 2011
The Royal Bank of Scotland Group Plc (LSE: RBS) (NYSE: RBS-PP) has set the final price guidance on its planned EUR2bn, five-year covered bond at 110 basis points over mid-swaps, Dow Jones has reported, citing one of the banks managing the transaction.
Royal Bank of Scotland Group Plc, HSBC Holdings Plc (LSE: HSBA) (NYSE: HBC) (HKG: 0005), Societe Generale SA (SocGen) (SOGN.PA) (OTC: SCGLY) (GLE.FR),
Danske Bank A/S (DANSKE.KO) and Bayern LB are lead managers on the issue, which will be fully backed by prime residential UK mortgages.
The Royal Bank of Scotland is rated triple-A by Moody's Investors Service and Standard & Poor's Corporation.
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|Date:||Mar 9, 2011|
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